Key Takeaways
- • Corient acquired Seven Bridges Advisors, a New York-based registered investment advisor managing $4.9 billion in assets under management, expanding its wealth management footprint across the United States.
- • Seven Bridges principals will become Corient partners upon deal completion; the firm serves entrepreneurs, founders, financial services executives, and ultra-high net worth families with capabilities in private markets investing.
- • Corient, the largest multi-family office and non-bank wealth manager for UHNW and HNW clients, now manages approximately $535 billion globally across more than 300 partners and 2,700 employees following this acquisition.
- • This deal represents the latest in an aggressive acquisition strategy that includes recent purchases of Bedrock Group ($10.4 billion AuM in April 2026), Stonehage Fleming, Stanhope Capital, Palo Alto Wealth Advisors, Geller's multi-family office business, Bristlecone Advisors, Messick Peacock & Associates, and Breed's Hill Capital.
- • Corient, originally formed from CI Financial's 2023 rebrand of its US wealth arm and later backed by Abu Dhabi's Mubadala Capital following CI Financial's 2024 privatization, continues consolidating the wealth management sector through strategic acquisitions of established multi-family offices and registered investment advisors.
Summary
Corient has acquired Seven Bridges Advisors, a registered investment advisor based in New York managing $4.9 billion in assets under management. The acquisition extends Corient's established pattern of aggressive consolidation within the wealth management and multi-family office sector. Seven Bridges, founded by Larry Cohen, specializes in serving entrepreneurs, founders, financial services executives, and ultra-high net worth families, with demonstrated capabilities in private markets investing. Upon deal completion, Seven Bridges principals will transition to become Corient partners. Houlihan Lokey served as the exclusive financial advisor to Seven Bridges, with Neal, Gerber & Eisenberg providing legal counsel.
Corient has positioned itself as the largest multi-family office and non-bank wealth manager serving ultra-high and high net worth clients globally, managing approximately $535 billion in assets across more than 300 partners and 2,700 employees. The Seven Bridges acquisition represents one of multiple deals executed within a concentrated timeframe. In April 2026, Corient acquired Europe's Bedrock Group, which managed SFr8.4 billion ($10.4 billion) in client assets. Earlier transactions in 2026 included the January purchase of Palo Alto Wealth Advisors, a California-based RIA with $766.7 million in AuM, and the acquisition of Geller's multi-family office business. Prior acquisitions include Bristlecone Advisors (Bellevue, Washington; approximately $2 billion AuM), Dallas-based Messick Peacock & Associates, and Breed's Hill Capital (Boston; $3.5 billion AuM).
Corient's acquisition strategy builds on its 2023 origin as CI Financial's rebrand of its US wealth management division. The firm's growth acceleration followed CI Financial's 2024 privatization by Abu Dhabi's Mubadala Capital, which appears to have provided expanded capital for consolidation activities. This sustained acquisition pace demonstrates significant capital deployment toward capturing market share in the high-net-worth and ultra-high-net-worth segments, where fee-based advisory relationships and private markets capabilities command premium valuations.
Corient has positioned itself as the largest multi-family office and non-bank wealth manager serving ultra-high and high net worth clients globally, managing approximately $535 billion in assets across more than 300 partners and 2,700 employees. The Seven Bridges acquisition represents one of multiple deals executed within a concentrated timeframe. In April 2026, Corient acquired Europe's Bedrock Group, which managed SFr8.4 billion ($10.4 billion) in client assets. Earlier transactions in 2026 included the January purchase of Palo Alto Wealth Advisors, a California-based RIA with $766.7 million in AuM, and the acquisition of Geller's multi-family office business. Prior acquisitions include Bristlecone Advisors (Bellevue, Washington; approximately $2 billion AuM), Dallas-based Messick Peacock & Associates, and Breed's Hill Capital (Boston; $3.5 billion AuM).
Corient's acquisition strategy builds on its 2023 origin as CI Financial's rebrand of its US wealth management division. The firm's growth acceleration followed CI Financial's 2024 privatization by Abu Dhabi's Mubadala Capital, which appears to have provided expanded capital for consolidation activities. This sustained acquisition pace demonstrates significant capital deployment toward capturing market share in the high-net-worth and ultra-high-net-worth segments, where fee-based advisory relationships and private markets capabilities command premium valuations.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.